$1,250,000
4 Bed 4 Bath Pool Waterfront SingleFamilyResidence for Sale in SANIBEL ISLES, FL
1748 Jewel Box Drive, Sanibel, FL, 33957
About this home
HUGE PRICE IMPROVEMENT!!! MOTIVATED SELLER, RARE OPPORTUNITY TO OWN ONE OF SANIBEL’S MOST DESIRABLE DEEP-WATER BOATING PROPERTIES! This private waterfront retreat features an INCREDIBLE 80–120 FT WIDE CANAL with OVER 10 FEET OF WATER DEPTH and TRUE DIRECT GULF ACCESS — NO BRIDGES, NO HEIGHT RESTRICTIONS, NO WAITING TO GET OUT ON THE WATER! Whether you’re running a large center console, sportfish, offshore boat, sailboat, or luxury yacht, this property is built for serious boaters who understand how hard it is to find DEEP, WIDE WATER on Sanibel. The BRAND NEW 2025 PRIVATE DOCK and 10,000 LB LIFT with NEW LIFT MOTOR also 2025, make this property THE ONE for your boating lifestyle. Dock your boat just steps from your back door and be in the Gulf within minutes. NO HOA. NO RANDOM FEES. Just private waterfront living with your own pool, hot tub, and tropical island setting. Properties with this kind of canal depth, width, and direct Gulf access are EXTREMELY LIMITED on the island — especially at this price point. Recently renovated after Ian, this property offers the rare combination of updated construction and elite boating access. Perfect for boaters, fishermen, island lovers, investors, or anyone searching for the ultimate Southwest Florida waterfront lifestyle. If you’ve been waiting for a TRUE DEEP-WATER SANIBEL PROPERTY… this is the one. Welcome to this beautiful family home or investment property, this 2 story, 4 bed/4 bath, office and a sun room with a bar... known as Manatee Cove for being a seacow hotspot, BRING YOUR OFFER, Seller is extremely motivated and ready to focus on his new home.
Property details
- Type
- SingleFamilyResidence
- Year built
- 1967
- Interior
- 2,517 sqft
- Lot size
- 9,713.88 sqft
- Acreage
- 0.22 acres
- Garage
- 2 car
- Days on market
- 17
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $17,500/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- Natural gas
- Yes
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- County
- Lee
Amenities
Based on the $/sqft of 4 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 1433 Sanderling Circle | Jul 2026 | $1,135,000 | 4/3 | 2,577 | $440 |
| 811 Birdie View Point | Mar 2026 | $1,400,000 | 3/2 | 2,544 | $550 |
| 755 Pen Shell Drive | Feb 2026 | $975,000 | 3/2 | 2,605 | $374 |
| 734 Sand Dollar Drive | Mar 2026 | $1,520,000 | 3/3 | 2,340 | $650 |
| Average | 4 comps | $1,257,500 | $504 |
Market trends — Sanibel
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $349,900 (23.3%) from the original list price.
| Jun 10, 2026 | Sold | $1,150,000 |
| May 25, 2026 | Price reducedfrom $1,499,900 | $1,250,000 |
| May 11, 2026 | Listed | $1,499,900 |
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1967 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.